The more U know. CVS continues to startle investors with...

The more U know. CVS continues to startle investors with exploration.

One of the big metallic winners
If the electric car revolution is real then nickel will be one of the big metallic winners, perhaps even more so than the current battery stars, lithium, cobalt and graphite.
Citi, an investment bank, reckons that over the next 15 years demand for battery grade nickel (and not all nickel qualifies as battery grade) will soar from a current 3 per cent of consumption to 30 to 40 per cent.
Over the same time demand for stainless steel is also likely to continue rising. While other metals such as manganese can be used to make stainless, nickel is best.
So, from being a one-trick pony nickel is looking at a future where it has a big new market that’s a potential game changer — and the source of another nickel boom.


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